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Iran’s economic jugular: Why Kharg Island is a key target for Trump. (AP images) A small rocky island in the Persian Gulf has suddenly become central to the escalating tensions between the United States and Iran.Kharg Island — located just 15 nautical miles (about 24 km) off Iran’s southern coast — may be tiny in…
S Jaishankar (PTI file photo) NEW DELHI: India hailed its direct talks with Iran as the “most effective way” to restart shipping through the disrupted Strait of Hormuz, which has affected global supplies, while Tehran allowed Indian-flagged vessels to pass through the route.In an interview with the Financial Times, external affairs minister S Jaishankar praised…
US President Donald Trump on Monday criticised the US Supreme Court’s decision to invalidate his global tariffs, warning that the ruling could cost the United States trillions of dollars. He said that the verdict will benefit foreign countries and companies that have been “ripping off the United States of America” for decades.” Commenting on his…
Bitcoin briefly broke through the $74,000 resistance zone that it had rejected four times in two weeks, before reversing under that level. The largest cryptocurrency was trading just above $74,000 on Monday morning, up 2.9% over the past 24 hours and 9.7% on the week. Ether surged 7.7% in 24 hours and 14.3% on the…
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